Communitywide Federal Credit Union is headquartered in South Bend and is the 18th largest credit union in the state of Indiana. It is also the 622nd largest credit union in the nation. It was established in 1967 and as of September of 2018, it had grown to 79 employees and 49,980 members at 11 locations. Communitywide Federal Credit Union's savings rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Communitywide Federal Credit Union is open to members of the Michiana Goodwill Boosters or the Marine Corps League of St. Joseph Valley. Membership is also open to those who work in Adams Engineering Company, Syscon International, and over 40 other Select Employer Groups.See current membership details

There When You Need Them

Community Wide Credit Union has gone above and beyond to help me out. Late one Friday night, I found myself going through a separation with my husband. He told me that he was going to drain our joint account. This was the same day that my $4000 tax refund had just been deposited. I immediately called Community Wide and they were amazing in helping me out. The woman I spoke with helped me open a new checking account over the phone and was able to transfer all my money into it so that he could no longer ruin me financially. She was my savior that night! She really went above the call of duty and did more for me than I would ever expect a bank employee to do. I know it was her job to open that account for me, but the way she handled the entire situation and looked into all the options and helped me decide the best thing to do for me was wonderful. I've also been just as pleased with the service I have received in my branch as well. Every employee has always done their best to get me in, out and on my way. Whether I'm making a deposit, withdrawal, or looking for information about a loan, my experience has been great. They definitely have me as a customer for life!

Customer Review of Community Wide

I had a checking account with Communitywide for over four years, but I closed it when I moved out of the area. Overall the experience was good. The people who worked in the bank were friendly, caring, and willing to help whenever possible. The only thing that bothered me about the experience was that the hours were terrible. They closed at 4 so there was no way to get there after work. If I ever needed to do anything, I would have to get up early on Saturday. I also prefer banks that have ATMs, and they only had one at one location that I recall not at all of them. I also would prefer a credit union that offers more incentives. I would have considered a savings account there if there had been a reward for doing so. The bank that I have a savings account with now offered 20 dollars to start one. All in all though it was a positive experience.

Beware! HARD PULL Of Your Credit To Open Deposit Account

My question to CommunityWide FCU: "For some reason, my FICO Credit Score dropped by 3 points very recently due to "1 credit inquiry in the last 12 months." When I applied to open a DEPOSIT account w/ you, did you do a HARD PULL of my credit history?"

CommunityWide FCU's unbelievable answer: "yes since we are a credit union when an account is opened a hard credit pull is done."

I think any reasonably-informed adult nowadays probably knows that whenever an institution does a hard pull of your credit history, that 'hard pull' will cause your FICO score to drop by several points. If I knew beforehand that CommunityWide does this as a matter of procedure, it wld have at least given me 2nd thoughts about opening an acct w/ them.

Unfortunately, the sad fact is, BEFORE I opened my DEPOSIT acct w/ them, it was NOT disclosed to me that they'll do a hard pull of my credit history as matter of course, nor did it even cross my mind to ask them beforehand. I think almost anyone wld naturally assume w/ common sense that if you're depositing your money w/ any institution, there's absolutely no reason for them to do a HARD PULL of your credit history - a 'soft pull' maybe, but definitely NOT a HARD PULL. Of course, if you're asking them for, say, a loan, then you'd probably expect them to do a HARD PULL of your credit history, but I did NOT ask them for a loan.

Worse, the reason they gave "yes since we are a CREDIT UNION when an account is opened a hard credit pull is done" implies that ALL credit unions does it, but that's BS. I've opened deposit accts w/ other credit unions before & none of them that I know of, had done a hard pull of my credit history. CommunityWide might as well have just said, "yes SINCE WE ARE A CREDIT UNION, we can do whatever we want in granting you the privilege to open a deposit account w/ us."

This unregulated practice must be roundly condemned by all consumers & the general public. If any bank or credit union chooses on their own to do that, they shd be made to clearly & visibly disclose it up front in the form of a clear warning before you open an acct w/ them, similar to tobacco package warning messages that smoking can be harmful to your health. So, a corresponding warning might go something like: "Opening a savings account w/ us can be harmful to your FICO score!"

Availability

South Bend Area

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